Business

Online gaming platform Zupee is laying off 170 employees — 30% of its staff — after the government banned real-money online games in August. The company is offering financial and medical support to those impacted while adjusting to the new law

Dr Reddy’s Laboratories has acquired the anti-vertigo brand Stugeron from Johnson & Johnson in 18 EMEA and APAC markets, including India and Vietnam. The move strengthens its CNS portfolio and supports its goal to reach 1.5 billion patients by 2030

Sensex and Nifty opened higher on Thursday, tracking gains in Asian markets and hopes of a US Fed rate cut. Optimism over India-US trade talks also supported sentiment, even as FIIs sold shares while DIIs provided strong buying support.

The rupee slipped 5 paise to 88.16 against the US dollar on Thursday, tracking cautious sentiment ahead of India-US trade talks. The currency remains range-bound as the RBI intervenes, while equities advanced and global crude prices eased.

Novo Nordisk will cut 9,000 jobs worldwide—11% of its workforce—by 2026 to save $1.3 billion. The move comes amid rising competition in obesity drugs, slowing sales of Wegovy and Ozempic, and a push to focus on R&D and agility

Ahead of the Amazon Great Indian Festival 2025, Telangana is witnessing rising demand for premium smartphones, TVs, and wearables. With over 57,000 local sellers and a robust logistics network, Amazon says consumer preferences reflect growing purchasing power and evolving lifestyle aspirations.

Apple unveiled the iPhone 17 series featuring the all-new iPhone Air, the thinnest iPhone yet, alongside iPhone 17, Pro, and Pro Max models. Powered by the latest A19 c

The rupee rose 5 paise to 88.10 against the US dollar in early trade Wednesday, supported by FII inflows and a weaker greenback. However, gains were capped by higher crude oil prices amid geopolitical tensions in West Asia.

Equity benchmarks Sensex and Nifty surged in early trade Wednesday after US President Donald Trump expressed confidence in a “successful conclusion” of trade talks with India. A rally in IT stocks and fresh FII inflows further lifted market sentiment.

Apple is ramping up iPhone 17 production across five Indian plants, including Foxconn’s new $2.8 billion Bengaluru factory. Analysts expect record festive sales, with the new Air and Pro models driving upgrades, while India cements its role in Apple’s supply chain.

US President Donald Trump announced the resumption of trade talks with India, calling PM Modi a “very good friend.” Modi reciprocated positively, as both sides signalled commitment to a forward-looking strategic partnership despite recent tariff tensions.

Coolberg has partnered with Amazon Prime Video for the upcoming series Do You Wanna Partner. To mark the launch, it introduced Jugaaro Lemon-Ginger, a limited-edition non-alcoholic malt beverage, available across retail, HoReCa, and quick commerce platforms nationwide

Apple will unveil its new iPhone line-up at the “Awe Dropping” event on Tuesday, featuring faster A19 chips, AI-powered features, and a new ultra-thin Air model. India’s role as both a market and manufacturing hub is growing

Travel insurance is no longer optional—it’s essential. From covering medical emergencies and trip cancellations to lost baggage and flight delays, comprehensive policies safeguard travelers against financial and emotional stress, ensuring international journeys remain memorable for the right reasons.

Chinese Ambassador Xu Feihong criticised Washington’s 50% tariffs on India as “unfair,” calling on New Delhi and Beijing to deepen economic ties to counter the challenge. He also stressed joint efforts against terrorism and strengthening bilateral cooperation.

Firming up trade deal with the EU will be yet another demonstration of India’s strategic autonomy in matters of trade and business

Budget carrier SpiceJet, which reported a Rs 238 crore loss in the June quarter, plans to restore 10 grounded aircraft by April 2026. The airline is securing engines, overhaul slots, and lease deals to revive its operations

The Karnataka Media Academy has signed an MoU with Infosys under its CSR programme, Springboard, to train 150 journalists in digital skills, AI, and personality development. The initiative prioritises district-level and women journalists, aiming to strengthen media capacity across Karnataka

The government said GST reforms have rationalised food processing tax rates to 5 per cent, reducing compliance burden, correcting duty anomalies, and making food more affordable. The move is expected to boost demand, encourage investments, strengthen MSMEs, and create jobs across the sector

Nissan Motor India has slashed prices of its New Magnite range by up to ₹1 lakh, passing on GST cuts to customers. With entry models now under ₹6 lakh, the move aims to boost festive season sales starting September 22.

Equity benchmarks Sensex and Nifty surged in early trade on Monday, tracking positive global trends and buoyed by hopes of a US Fed rate cut and domestic GST relief. Automobiles, metals and cement stocks led gains, while select FMCG lagged.

Audi India has slashed prices by Rs 2.6–7.8 lakh across models, including Q3, Q5, Q7, Q8, A4, and A6, following the GST 2.0 rate cut. The move aims to boost festive season demand by enhancing affordability

The cost of home-cooked vegetarian thalis fell 7% and non-vegetarian thalis 8% year-on-year in August, driven by sharp declines in onion, potato, and pulse prices, a Crisil Intelligence report showed. Higher crop production and stable stocks eased household food expenses.

Gold surged to Rs 1.06 lakh per 10 grams and silver crossed Rs 1.23 lakh per kg this week, driven by global uncertainty, tariffs, and investor demand for safe-haven assets